Why The Return Of The Kimchi Premium Doesn't Bode Well For Bitcoin

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Why The Return Of The Kimchi Premium Doesn't Bode Well For Bitcoin

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Will USD Devaluation Hedge the $SPX Fueled Drop in Bitcoin Prices?
Will USD Devaluation Hedge the $SPX Fueled Drop in Bitcoin Prices?
New highs in SPX seems to be acting as a catalyst for the drop in Bitcoin and gold. However, the devaluation of the US Dollar might build bullish fundamentals.
The stock market opening on Tuesday was quite eventful as asset prices across commodity, currency and crypto markets moved drastically.
$SPX new ATH.
Let that sink in.
— Cantering Clark (@CanteringClark) August 18, 2020
The new ATH in…
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“Institutional Adoption of Bitcoin is Already Here”, Executive Director at BC Group
“Institutional Adoption of Bitcoin is Already Here”, Executive Director at BC Group
According to the Executive Director at BC Group, Dave Chapman, institutions are not coming to Bitcoin, but are already here. BC Group is a FinTech firm with a diversified portfolio of businesses in marketing, communications and technology solutions. He tells reporters at CNBC that,
Digital assets aren’t going away and they’re only getting stronger.
The recession hit the economy due to the…
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Will USD Devaluation Hedge the $SPX Fueled Drop in Bitcoin Prices?
Will USD Devaluation Hedge the $SPX Fueled Drop in Bitcoin Prices?
New highs in SPX seems to be acting as a catalyst for the drop in Bitcoin and gold. However, the devaluation of the US Dollar might build bullish fundamentals.
The stock market opening on Tuesday was quite eventful as asset prices across commodity, currency and crypto markets moved drastically.
$SPX new ATH.
Let that sink in.
— Cantering Clark (@CanteringClark) August 18, 2020
The new ATH in…
View On WordPress
Bitcoin [BTC] Post Halving Gain Model Predicts the Top at $387,000
Bitcoin [BTC] Post Halving Gain Model Predicts the Top at $387,000
According to the prediction model using the superimposition of average gains post halving, the price is on a similar bullish track, as it was in the last two times. It’s been more than three months since the 3rd Bitcoin halving took place, and the market is starting to confirm its positive positive effect.
Miner Selling Pressure Reduced
The fundamentals are strongly in favour of the bulls with…
View On WordPress

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Free to watch • No registration required • HD streaming
Bitcoin [BTC] Post Halving Gain Model Predicts the Top at $387,000
Bitcoin [BTC] Post Halving Gain Model Predicts the Top at $387,000
According to the prediction model using the superimposition of average gains post halving, the price is on a similar bullish track, as it was in the last two times. It’s been more than three months since the 3rd Bitcoin halving took place, and the market is starting to confirm its positive positive effect.
Miner Selling Pressure Reduced
The fundamentals are strongly in favour of the bulls with…
View On WordPress
Warren Buffet Buys Gold Against his Previous Beliefs, Is Bitcoin Next?
Warren Buffet Buys Gold Against his Previous Beliefs, Is Bitcoin Next?
Reportedly, Warren Buffet has bought 21 million shares of Barrick Gold. A gold mining company which has maintained a strong correlation with movement in Gold.
What Changed Warren’s Mind?
In a statement from his previously held believes, Buffet stands for a counter-trading strategy to make money in the market. He says that the rhetoric of an economic collapse drives the masses to gold, whereas…
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